BLT Enterprises owns a 221,660-square-foot property in Vista,CA, which sports sculptured concrete and reflective glass, astylish canopy entry and a stunning two-story glass-clad lobby. Thecompany is planning to reposition it but into what? Without a doubtthe building is corporate headquarters quality—which in this marketmakes it a perfect candidate for a conversion into a moderndistribution facility or possibly a mixed-use retail project.Indeed, its key selling points include flexible zoning toaccommodate a variety of industrial and R&D uses and an unpaved3.7-acre parcel that can be used to increase parking spaces. "Thisis what today's industrial users want," says Bernard Huberman,founder and president of BLT Enterprises.
Redevelopment of antiquated space into modern industrialfacilities is increasing all over as the call for well-amenitizedindustrial space continues to rise, Huberman explains. "The realestate industry has to provide this space in order to keep pacewith demand caused by consumer behavioral shifts and technologicaladvances that are shaping the sector."
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